Gross Fixed Capital Formation — Value Standard Local Currency, per in Argentina
Argentina: Gross Fixed Capital Formation — Value Standard Local Currency, per was 0.0001 million SLC per US$ of GDP in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, per in Argentina, 1970–2024
Source: Statizoid (derived). Measured in million SLC per US$ of GDP.
Analysis
In 2024, gross fixed capital formation — value standard local currency, per in Argentina stood at 0.0001 million SLC per US$ of GDP. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 162.6% on the previous year and up 10,236.1% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, per in Argentina peaked at 0.0001 million SLC per US$ of GDP in 2024 and was at its lowest, 0 million SLC per US$ of GDP, in 1970.
That places Argentina 26th out of 193 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value Standard Local Currency, per in Argentina, year by year
| Year | million SLC per US$ of GDP | Change |
|---|---|---|
| 1970 | 0 million SLC per US$ of GDP | — |
| 1971 | 0 million SLC per US$ of GDP | — |
| 1972 | 0 million SLC per US$ of GDP | — |
| 1973 | 0 million SLC per US$ of GDP | -33.9% |
| 1974 | 0 million SLC per US$ of GDP | -27.5% |
| 1975 | 0 million SLC per US$ of GDP | +590.7% |
| 1976 | 0 million SLC per US$ of GDP | +473.9% |
| 1977 | 0 million SLC per US$ of GDP | +154.3% |
| 1978 | 0 million SLC per US$ of GDP | +42.9% |
| 1979 | 0 million SLC per US$ of GDP | +226.2% |
| 1980 | 0 million SLC per US$ of GDP | +74.8% |
| 1981 | 0 million SLC per US$ of GDP | +71.0% |
| 1982 | 0 million SLC per US$ of GDP | +161.6% |
| 1983 | 0 million SLC per US$ of GDP | +290.1% |
| 1984 | 0 million SLC per US$ of GDP | +514.0% |
| 1985 | 0 million SLC per US$ of GDP | +683.8% |
| 1986 | 0 million SLC per US$ of GDP | +55.6% |
| 1987 | 0 million SLC per US$ of GDP | +154.6% |
| 1988 | 0 million SLC per US$ of GDP | +289.1% |
| 1989 | 0 million SLC per US$ of GDP | +3925.8% |
| 1990 | 0 million SLC per US$ of GDP | +939.1% |
| 1991 | 0 million SLC per US$ of GDP | +104.5% |
| 1992 | 0 million SLC per US$ of GDP | +18.6% |
| 1993 | 0 million SLC per US$ of GDP | +15.1% |
| 1994 | 0 million SLC per US$ of GDP | +4.7% |
| 1995 | 0 million SLC per US$ of GDP | -10.0% |
| 1996 | 0 million SLC per US$ of GDP | +0.8% |
| 1997 | 0 million SLC per US$ of GDP | +7.1% |
| 1998 | 0 million SLC per US$ of GDP | +2.9% |
| 1999 | 0 million SLC per US$ of GDP | -9.6% |
| 2000 | 0 million SLC per US$ of GDP | -10.1% |
| 2001 | 0 million SLC per US$ of GDP | -12.4% |
| 2002 | 0 million SLC per US$ of GDP | +169.8% |
| 2003 | 0 million SLC per US$ of GDP | +16.6% |
| 2004 | 0 million SLC per US$ of GDP | +16.8% |
| 2005 | 0 million SLC per US$ of GDP | +8.6% |
| 2006 | 0 million SLC per US$ of GDP | +11.0% |
| 2007 | 0 million SLC per US$ of GDP | +7.9% |
| 2008 | 0 million SLC per US$ of GDP | -0.7% |
| 2009 | 0 million SLC per US$ of GDP | -3.4% |
| 2010 | 0 million SLC per US$ of GDP | +11.8% |
| 2011 | 0 million SLC per US$ of GDP | +8.6% |
| 2012 | 0 million SLC per US$ of GDP | +8.1% |
| 2013 | 0 million SLC per US$ of GDP | +29.0% |
| 2014 | 0 million SLC per US$ of GDP | +40.7% |
| 2015 | 0 million SLC per US$ of GDP | +12.1% |
| 2016 | 0 million SLC per US$ of GDP | +35.2% |
| 2017 | 0 million SLC per US$ of GDP | +19.2% |
| 2018 | 0 million SLC per US$ of GDP | +70.6% |
| 2019 | 0 million SLC per US$ of GDP | +59.2% |
| 2020 | 0 million SLC per US$ of GDP | +47.7% |
| 2021 | 0 million SLC per US$ of GDP | +63.0% |
| 2022 | 0 million SLC per US$ of GDP | +39.5% |
| 2023 | 0.0001 million SLC per US$ of GDP | +138.9% |
| 2024 | 0.0001 million SLC per US$ of GDP | +162.6% |
Argentina compared with similar countries
- Argentina's 0.0001 million SLC per US$ of GDP is above the median for upper middle income countries, which is 0 million SLC per US$ of GDP, 37.5× the median. (54 countries reporting)
- Argentina's 0.0001 million SLC per US$ of GDP is above the median for Latin America & Caribbean, which is 0 million SLC per US$ of GDP, 141.6× the median. (37 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value Standard Local Currency, per in Argentina changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1989 | +3925.8% | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP |
| 1990 | +939.1% | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP |
| 1985 | +683.8% | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP |
| 1975 | +590.7% | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP |
| 1984 | +514.0% | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP |
| 1976 | +473.9% | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 10 |
| 1980s | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 10 |
| 1990s | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 10 |
| 2000s | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 10 |
| 2010s | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 10 |
| 2020s | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0.0001 million SLC per US$ of GDP | 5 |
Countries ranked near Argentina
- 23 Syria 0.0002 million SLC per US$ of GDP compare
- 24 Congo 0.0002 million SLC per US$ of GDP compare
- 25 Cote d'Ivoire 0.0002 million SLC per US$ of GDP compare
- 27 Central African Republic 0.0001 million SLC per US$ of GDP compare
- 28 Iraq 0.0001 million SLC per US$ of GDP compare
- 29 Niger 0.0001 million SLC per US$ of GDP compare
More economy & growth data for Argentina
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.73 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.3 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 2.83 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0041 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 61.81 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 3.13 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -73.08 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0046 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 68.36 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 38.7 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency, per in Argentina?
- Gross fixed capital formation — value standard local currency, per in Argentina was 0.0001 million SLC per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, per recorded in Argentina?
- The highest recorded value was 0.0001 million SLC per US$ of GDP in 2024.
- What is the lowest gross fixed capital formation — value standard local currency, per recorded in Argentina?
- The lowest recorded value was 0 million SLC per US$ of GDP in 1970.
- How does Argentina rank for gross fixed capital formation — value standard local currency, per?
- Argentina ranks 26th out of 193 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, per rising or falling in Argentina?
- Over the last ten years it is up 10,236.1%. The long-run trend across the full record is volatile.
- Where does this Argentina data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value Standard Local Currency, per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Fixed Capital Formation — Value Standard Local Currency divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value Standard Local Currency ÷ GDP (current US$)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross Fixed Capital Formation — Value Standard Local Currency divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.